UK Farming As A Service Market Size & Outlook, 2023-2030
UK farming as a service market, 2017-2030 (US$M)
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UK farming as a service market highlights
- The UK farming as a service market generated a revenue of USD 147.1 million in 2023 and is expected to reach USD 354.8 million by 2030.
- The UK market is expected to grow at a CAGR of 13.4% from 2024 to 2030.
- In terms of segment, farm management solutions was the largest revenue generating service type in 2023.
- Farm Management Solutions is the most lucrative service type segment registering the fastest growth during the forecast period.
Farming as a service market data book summary
| Market revenue in 2023 | USD 147.1 million |
| Market revenue in 2030 | USD 354.8 million |
| Growth rate | 13.4% (CAGR from 2023 to 2030) |
| Largest segment | Farm management solutions |
| Fastest growing segment | Farm Management Solutions |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Farm Management Solutions, Production Assistance, Access to Markets |
| Key market players worldwide | Mahindra & Mahindra Ltd DR, Deere & Co, ITC Ltd DR, Trimble Inc, Accenture PLC Class A, Taranis Resources Inc, International Business Machines Corp, EM3 AgriServices, Apollo Agriculture, PrecisionHawk, BigHaat |
Other key industry trends
- In terms of revenue, UK accounted for 3.6% of the global farming as a service market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, France farming as a service market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 450.6 million by 2030.
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Farming As A Service Market Scope
Farming As A Service Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK farming as a service market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to farming as a service market will help companies and investors design strategic landscapes.
Farm management solutions was the largest segment with a revenue share of 79.27% in 2023. Horizon Databook has segmented the UK farming as a service market based on farm management solutions, production assistance, access to markets covering the revenue growth of each sub-segment from 2017 to 2030.
The U.K. is experiencing a gradual increase in the adoption of the Farming as a Service (FaaS) model. The country has witnessed a rapid expansion of the agricultural sector, fueled by the growing focus on agricultural transformation.
The agricultural sector plays a major role in the country's economy, as it is contributing almost 0.5% to its GDP in 2022 and employing a substantial workforce of almost half a million people. The majority of farmed areas in the U.K., about 97%, employ conventional farming practices, and a small portion of 3% is dedicated to organic farming.
These statistics highlight a wide range of FaaS opportunities for implementing advanced farming solutions, including agri-tech, organic farming methods, and greenhouse farming practices.
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Target buyers of UK farming as a service market databook
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Our clientele includes a mix of farming as a service market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UK farming as a service market , including forecasts for subscribers. This country databook contains high-level insights into UK farming as a service market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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UK farming as a service market size, by service type, 2017-2030 (US$M)
UK Farming As A Service Market Outlook Share, 2023 & 2030 (US$M)
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